Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space on Clifton Avenue Title is generated by Realmo AI

    251 Clifton Ave, Clifton, NJ 07011

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    2,000 SF retail space available for sublease.

    Type:retail
    Property size:
    2,000 SF
    Added:
    Apr 15, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 14 at 8:06 pm

    Property Features for 251 Clifton Ave

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Property subtype
    retail

    We can help!

    Listing Contact
    David Townes
    David Townes

    Listing agent David Townes License #1644390

    Listing office Parsippany

    Listing date Apr 15, 2026

    Source Property.jll

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Parsippany

    HighLights

    • Retail space available for sublease.
    • Located at 251 Clifton Ave.
    • Available square footage: 2,000 SF.
    • Available now.
    • Retail use.

    Overview

    A 2,000 square-foot retail space is now available for sublease. The property is located at 251 Clifton Avenue.
    Location Intelligence

    Current Use by Public Records

    STEFANIE B SCHEINGOLD Physician Innovative Renal Care ... Medical Clinic Dr. Chinatu Ego-Osuala Dental Office ANKITA SARIPELLA Physician DENISE FURES Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clifton
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1353044
    Latitude
    40.8759672

    Nearby Similar for Lease

    • $6,500/Mo
      4,591 SF

      Functional Commercial Space, Clifton City

      Versatile office and warehouse space suitable for various commercial uses.
      1 Sago St, Clifton City, NJ 07013-1722
      View Details
    • $2,850/Mo
      1,323 SF

      Modern Office/Retail Space Available

      High-end office/retail space in prime Clifton City location.
      1131 Main Ave, Clifton City, NJ 07011-3056
      View Details
    • $1,440/Mo
      640 SF

      Clifton City Office Space Available

      Office space for rent in a convenient location.
      1030 Clifton Ave, Clifton City, NJ 07013-3522
      View Details
    • $2,700/Mo

      Commercial Space in Clifton, NJ

      Well-kept commercial property suitable for offices, medical, or service businesses.
      1 CENTER ST, Clifton, NJ 07011
      View Details
    • $3,200/Mo
      1,200 SF

      Clifton City Professional Office Space

      Professional office space in prime Clifton location with utilities included.
      Clifton City, NJ 07013-1371
      View Details
    • $1,850/Mo

      Established Deli in High-Traffic Area

      Turnkey deli for lease in high-traffic Clifton City corridor.
      117 Valley Rd, Clifton City, NJ 07013-1119
      View Details
    • $3,500/Mo
      1,000 SF

      Office/Industrial Space in Clifton City

      1000 sq ft commercial/industrial space available for rent.
      Clifton City, NJ 07013-1794
      View Details
    • Contact for pricing
      2,000 SF

      Clifton City Office Space Available

      Office space for rent in a convenient Clifton location.
      1030 Clifton Ave, Clifton City, NJ 07013-3522
      View Details
    • $6,500/Mo
      4,591 SF

      Functional Office/Warehouse Flex Space

      Versatile commercial property with office and warehouse space in Clifton.
      1 Sago St, Clifton City, NJ 07013
      View Details
    • $3,200/Mo
      1,200 SF

      Professional Office Space in Clifton

      Office space in prime location with utilities included.
      335 Broad St, Clifton City, NJ 07013
      View Details
    • $3,200/Mo
      1,200 SF

      Professional Office Space in Clifton

      First-floor office space with amenities included in prime Clifton location.
      335 Broad, Clifton, NJ 07013
      View Details
    • $2,700/Mo
      801 SF

      Clifton Office Space For Rent

      Office space available for rent in Passaic County, Clifton.
      1 CENTER ST 2, Clifton, NJ 07011
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,000 SF retail space available for sublease.
    Where is this retail space located?
    The property is located at 251 Clifton Ave Clifton, NJ.
    What are key features of this property?
    This property features: Retail space available for sublease.; Located at 251 Clifton Ave.; **Available square footage: 2,000 SF.**
    (917) 993-5515
    We can help!
    Listing Contact
    David Townes
    David Townes
    Real Estate License ID: 1644390
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    251 Clifton Ave, Clifton, NJ 07011
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!